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TCS shares gain over 2 per cent after September quarter results

India’s largest software exporter TCS on Thursday reported 2.1 per cent dip in net profit to Rs 6,446 crore for the September quarter on softness in banking and retail segments, but gave better guidance based on client optimism.

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TCS Q2 net falls 2.1% YoY on softness in banking, retail

TCS said growth was led by Europe (up 5.3 per cent Q-o-Q), Latin America (up 5.7 per cent Q-o-Q), APAC (up 3 per cent Q-o-Q) and UK (up 2.5 per cent Q-o-Q). North America grew by 1.4 per cent Q-o-Q with continued softness in banking and retail.

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US court trims fine on TCS to $420 million in Epic Systems suit

The matter relates to a US grand jury order that slapped two Tata group companies, Tata Consultancy Services and Tata America International Corp, with a $940 million fine in a trade secret lawsuit filed against them by Epic in April 2016.

Subdued demand keeps IT majors’ Q1 numbers muted

The $150 billion plus Indian IT industry faced with the prospect of a single digit growth rate in the range of 7-8 per cent for FY18.

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TCS Q1 net profit declines 5.9% on rupee volatility

Seeing a ‘strong pipeline’ for new deals in North American market: Company

TCS’s April-June quarter net profit falls 5.9 per cent to Rs 5,945 crore

The company, however, posted a marginal increase of 1 per cent in its consolidated revenue at Rs 29,584 crore during the quarter as against Rs 29,305 crore in the year-ago period.

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TCS one of top recruiters outside India: Chandrasekaran

Retention was also not a concern, with TCS having one of the lowest attrition rates in the industry at 11.7 per cent, he said.

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N Chandrasekaran took home Rs 30 crore as TCS CEO in FY17

Chandrasekaran was succeeded by Rajesh Gopinathan, who was earlier serving as the CFO. Gopinathan took home Rs 6.22 crore during the fiscal.

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TCS chief Chandrasekaran likely to be named Tata Sons chairman: Report

The news came as Tata Consultancy Services Ltd, India’s biggest software services company, reported its results on Thursday

TCS Q3 net profit up 11% to Rs 6,778 cr

The operating profit was at Rs 7,733 crore in the reported quarter.

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TCS EGM on Dec 13 to consider removal of Cyrus Mistry as director

The board of country’s largest software company met at its office in downtown Mumbai Thursday morning, but the directors were tight-lipped about any decision.

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Top three companies add Rs 34,256 cr in market capitalisation, TCS shines

The m-cap of TCS soared Rs 22,236.28 crore to reach Rs 4,98,528.12 crore, emerging as the biggest gainer among the top-10 firms.

TCS posts Rs 6,413 crore net profit in Q4

TCS had reported net profit of Rs 3,713 crore in the same period of last fiscal as per IGAAP accounting norms.

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No IP infringement in Epic Systems case, to appeal to higher courts: TCS

The Mumbai-based firm said it remains committed to protecting IP as well as its reputation and financial interests fully.

TCS net profit up 12% on global biz growth

According to TCS, constant currency revenue growth was 0.5 per cent on a Q-o-Q basis and the international business CC revenue growth at 1.1 per cent.